Zambia budget revenue covers 80.2% of spending
Domestic revenue increased by 76% across four budgets while expenditure rose 25.5%.
Zambia's government managed successive budgets through debt restructuring and drought, expanding community funding and social services. The 2027 Budget aims to connect economic stabilization to the Grow Zambia Agenda, focusing on stronger businesses, increased production, jobs, and household incomes.
Original budget figures show improving domestic financing, with domestic revenue covering 57.1% of the 2022 budget and reaching 80.2% by 2025. In 2024, domestic revenue reached K141.1 billion against an expenditure of K177.9 billion, with a deficit target of 4.8%.
Across the 2022 to 2025 budgets, planned domestic revenue grew by approximately 76%, while expenditure increased by 25.5%. These nominal increases reflect a stronger domestic financing position for the government.
Why it mattersZambians are set to experience stronger businesses, increased production, jobs, and household incomes as the government connects economic stabilization to the Grow Zambia Agenda.